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CA Circle India

"Bridging Knowledge, Building Careers"

MCA Clarifies IBC Section 14(1)

MCA Clarifies IBC Section 14(1)

MCA Clarifies IBC Moratorium Exceptions Offering Hope to Corporate Debtors

In a major relief to businesses navigating insolvency proceedings, the Ministry of Corporate Affairs (MCA) has recently issued crucial clarifications on exemptions under Section 14(1) of the Insolvency and Bankruptcy Code (IBC). These clarifications are significant as they provide clearer guidance to corporate debtors about specific transactions and processes that are not halted by the moratorium, thus enhancing the predictability and efficiency of insolvency proceedings.

CA. Sakshi Agarwal

Jun 153 min read

Empanelment Open - Observer for MAY 2025 Exams

Empanelment Open - Observer for MAY 2025 Exams

Empanelment Open - Observer for MAY 2025 Exams

The Institute of Chartered Accountants of India (ICAI) has invited applications for the empanelment of members to act as observers at the ex

Admin- CA CIRCLE INDIA

Feb 192 min read

Gujarat High Court Orders GST Refund of ₹40 Lakhs to Assessee Due to Voluntary Deposit Error, No Interest Granted
(Case Name: Aalidhra Texcraft Engineers & ANR. vs. Union of India & ORS)

Gujarat High Court Orders GST Refund of ₹40 Lakhs to Assessee Due to Voluntary Deposit Error, No Interest Granted
(Case Name: Aalidhra Texcraft Engineers & ANR. vs. Union of India & ORS)

Gujarat High Court Orders GST Refund of ₹40 Lakhs to Assessee Due to Voluntary Deposit Error, No Interest Granted (Case Name: Aalidhra Texcraft Engineers & ANR. vs. Union of India & ORS)

Aalidhra Texcraft Engineers v/s. Union of India The Gujarat High Court has directed the refund of ₹40 lakh voluntarily deposited as GST...

CA CIRCLE INDIA

Jan 142 min read

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